Personal Finance
Retirement money made to last longer without risk.
By A Singaporean Stockmarket Investor (ASSI)  •  January 25, 2018
My mom is now 71 and she has $200k retirement money. She is not on the CPF life scheme but on the past retirement sum scheme. I am trying hard to help her get some passive income. She has parked this money in short term duration funds but the returns has been really peanuts. I am trying to see how to help her. Do you have any suggestions?
AK says... I would say that at her age, it is more about capital preservation and she should not take any risk with her savings. The CPF is a good risk free tool in helping to fund her retirement and topping up her CPF-RA will ensure that her retirement money earns 4% to 6% per annum. I would say that for any investor, 4% to 6% returns per year is difficult to achieve without taking any risk at all ......
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By A Singaporean Stockmarket Investor (ASSI)
Have a more secure financial future in an uncertain world by creating a stream of reliable passive income with high yields.
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